Shopify Integrates Crypto Payment Processor CoinPayments
Shopify Integrates Crypto Payment Processor CoinPayments
May 21, 2020
Shopify Integrates Crypto Payment Processor CoinPayments
Shopify Integrates Crypto Payment Processor CoinPayments
May 21, 2020

Crypto payment processor CoinPayments partners with Canadian e-commerce giant Shopify for digital asset payment compatibility.

On May 20 a press release stated that Shopify sellers can now harness CoinPayments’ digital asset payment processing platform, paving the way for sellers to accept 1,800 different cryptocurrencies as payment.

CoinPayments CEO Jason Butcher said:

“Shopify is a natural fit for us…As they look to bring new features to their merchant base and CoinPayments works to drive cryptocurrency adoption globally, it makes sense to create an integration that enables easy, secure, and cost-effective transactions.”

Shopify advocated for cryptocurrency payment compatibility prior to the CoinPayments partnership, via Coinbase Commerce, BitPay and GoCoin, although CoinPayments adds to the offering.

Butcher adds:

“CoinPayments is the largest cryptocurrency payments processor on the Shopify platform with the most extensive global reach.”

The official partnership comes after a completed testing phase between the two entities.

ALSO READ :  Abra Expands Its US Offerings By Adding Support For 60 New Cryptos

Butcher added:

“The beta trial process involved a full functionality and security test with live merchant interactions before becoming publicly available to the entire Shopify platform.”


Source: Cointelegraph | Image: Pixabay

Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.
Share This

Share This

Share this post with your friends!